IDFC Mutual Fund Mumbai Senior Manager Salaries by 9 Employees (Updated 2025)

5 - 13 years exp.

₹6.8 Lakhs - ₹18 Lakhs

Salary of majority employees

46% less than the average Senior Manager Salary in Financial Services Companies for 5 - 13 years of experience

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Salaries in different departments

BFSI, Investments & Trading Senior Manager Salary 5 - 13 years exp. (4 salaries)	₹8.3 L/yr - ₹15 L/yr
Finance & Accounting Senior Manager Salary 7 - 9 years exp. (3 salaries)	₹6.8 L/yr - ₹11.1 L/yr
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Sales & Business Development Senior Manager Salary 8 - 12 years exp. (AmbitionBox Estimate)	₹11.9 L/yr - ₹18 L/yr

Last Updated: 24 Sep 2023

Companies similar to IDFC Mutual Fund for Senior Manager in Mumbai

IDFC Mutual Fund Senior Manager Salary

5 - 13 years exp. (9 salaries)

₹6.8 L/yr - ₹18 L/yr

Company name	Avg Annual Salary	Open Jobs
SBI Mutual Fund Senior Manager Salary 8 - 15 years exp. (25 salaries)	₹8.5 L/yr - ₹27 L/yr 73% more
ICICI Prudential Mutual Fund Senior Manager Salary 5 - 17 years exp. (52 salaries)	₹12 L/yr - ₹30 L/yr 82% more
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Birla Sun Life Mutual Fund Senior Manager Salary 9 - 14 years exp. (4 salaries)	₹9.5 L/yr - ₹16 L/yr 6% less
Nippon Life India Asset Management Senior Manager Salary 8 - 20 years exp. (26 salaries)	₹11.3 L/yr - ₹23.8 L/yr 48% more
Axis Mutual Fund Senior Manager Salary 7 - 17 years exp. (8 salaries)	₹11.8 L/yr - ₹25 L/yr 103% more
Kotak Mahindra Bank Senior Manager Salary 1 - 19 years exp. (1.4k salaries)	₹5.5 L/yr - ₹24 L/yr 17% more
Franklin Templeton Investments Senior Manager Salary 13 - 20 years exp. (9 salaries)	₹20 L/yr - ₹40 L/yr 146% more
DSP Mutual Fund Senior Manager Salary 10 - 12 years exp. (3 salaries)	₹22 L/yr - ₹32 L/yr 127% more
Kotak Securities Senior Manager Salary 5 - 18 years exp. (168 salaries)	₹6 L/yr - ₹23 L/yr 17% more
National Stock Exchange of India Senior Manager Salary 8 - 18 years exp. (116 salaries)	₹17 L/yr - ₹39 L/yr 135% more
ICICI Home Finance Senior Manager Salary 4 - 16 years exp. (39 salaries)	₹10 L/yr - ₹25 L/yr 23% more
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Axis Direct Senior Manager Salary 7 - 17 years exp. (30 salaries)	₹7.4 L/yr - ₹24.5 L/yr 22% more
Pine Labs Senior Manager Salary 7 - 17 years exp. (21 salaries)	₹11.3 L/yr - ₹35 L/yr 127% more
Morningstar Senior Manager Salary 11 - 18 years exp. (16 salaries)	₹18 L/yr - ₹38 L/yr 126% more
Aadhar Housing Finance Senior Manager Salary 3 - 16 years exp. (12 salaries)	₹10 L/yr - ₹18 L/yr 39% more
SBI Cards & Payment Services Senior Manager Salary 10 - 15 years exp. (7 salaries)	₹12 L/yr - ₹22 L/yr 62% more	6 job openings
Ocwen Financial Solutions Senior Manager Salary 13 - 19 years exp. (5 salaries)	₹27 L/yr - ₹40 L/yr 189% more

Senior Manager salary at IDFC Mutual Fund ranges between ₹6.8 Lakhs to ₹18 Lakhs per year for employees with experience between 5 years to 13 years. Salary estimates are based on 9 latest salaries received from various employees of IDFC Mutual Fund.

Experience wise IDFC Mutual Fund Senior Manager salaries in Mumbai

Last Updated: 24 Sep 2023

Experience	Avg Annual Salary
5 years (AmbitionBox Estimate)	₹8.3 L/yr - ₹20.9 L/yr
6 years (AmbitionBox Estimate)	₹8.9 L/yr - ₹20.9 L/yr
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7 years (AmbitionBox Estimate)	₹6.8 L/yr - ₹12.8 L/yr
8 years (AmbitionBox Estimate)	₹7.4 L/yr - ₹18 L/yr
9 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹20.9 L/yr
10 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
11 years (AmbitionBox Estimate)	₹10.4 L/yr - ₹13.3 L/yr
12 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹12.3 L/yr
13 years (AmbitionBox Estimate)	₹4.6 L/yr - ₹15 L/yr

View all

Similar Designation salaries in IDFC Mutual Fund

Senior Vice President Salary

(4 salaries)

₹35.69 L/yr - ₹45 L/yr

Operations Executive Salary

(4 salaries)

₹3.35 L/yr - ₹5.4 L/yr

Operations Associate Salary

(3 salaries)

₹3.2 L/yr - ₹4 L/yr

Management Trainee Salary

(3 salaries)

₹5.5 L/yr - ₹5.9 L/yr

Salary related reviews for IDFC Mutual Fund

4.0

Rated by 1 employees for salary & benefits

Manager in Lucknow

Full Time

Sales & Business Development Department

2.0

• posted on 07 Jul 2023

1.0

for Salary and Benefits

Likes

Work culture is good up to some extent.

Work-life balance - Excellent

Dislikes

I must say worst ever HR policies. I dont believe after working 1.5 years, when I have resigned they fully recovered my last year bonus. Such a shameful act. People are in chill mood here, no one cares you work or not. Most of the people involve in fake claims only no work at all. Feel bad for the sponser of this company.

Salary - Bad

+4 more

Operations Executive in Mumbai

Customer Success, Service & Operations Department

5.0

• posted on 18 Nov 2018

4.0

for Salary and Benefits

Likes

...under her. Currently working on contract basis but don't worry about it anytime. Salary always on time. Awesome teams member with whom does not feel workalcohic.

Salary - Good

+5 more

Dislikes

Always depending upon the reporting manager you will get to under.

Assistant Vice President

BFSI, Investments & Trading Department

2.0

• posted on 27 Mar 2018

2.0

for Salary and Benefits

Likes

Good Tools and Training.

Skill development - Good

Dislikes

Work-Life balance non-existent as company does not want to hire additional hands. You land-up doing all the work yourself. Seniors incompetent and non-understanding of your problems. Daily monitoring and concalls. Cannot focus and doing work.

Salary - Poor

+3 more

VRM in Thane

Mutual fund Department

4.0

• posted on 19 Oct 2018

3.0

for Salary and Benefits

Likes

IDFC MF is a good AMC. The fact is that I was the part of this. This AMC motivate their employees and help to achieve their goals and take care of their employees needs. The peoples work in this AMC come from different backgrounds different cast work happily and we become like a family. I had started my career with IDFC and in future if again i got change to work with IDFC I will not miss the opportunity. IDFC is my favourite.

Skill development - Good

+3 more

Dislikes

Gave the best to IDFC but still i am on off role.

Job security - Poor

Operations Executive in Patna

Customer Success, Service & Operations Department

4.0

• posted on 29 Oct 2018

1.0

for Salary and Benefits

Likes

I like the branch team with whom the cordination balance was good. Branch team was supportive and humble. The work culture created by team member will make you attract to work with company.

Dislikes

Top management does not think about the offrolls employee. No proper regular traings and workshops. Branch level team is good.

Salary - Bad

+2 more

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a senior quality lead

Help me with in hand salary

Hi All, I'm so much confused in calculating my in hand salary by excluding the variable pay. Anyhow variable pay will have 30% tax directly on it. So by excluding If I calculate my monthly inhand using old and as well as new regime of 2025. I don't know which one to choose and which is best for me. Currently 80C is 1.5lakhs and 80D is 50k and Rent paid was around 75k help me to calculate in hand as per the above assumptions

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IDFC Mutual Fund Senior Manager Salary FAQs

What is the salary of Senior Manager at IDFC Mutual Fund Mumbai?

Senior Manager salary at IDFC Mutual Fund in Mumbai ranges between ₹6.8 Lakhs to ₹18.0 Lakhs for experience between 5 years to 13 years. According to our estimates it is 46% less than the average Senior Manager Salary in India. Salary estimates are based on 9 latest salaries received from various employees of IDFC Mutual Fund Mumbai.

How does the salary of a Senior Manager at IDFC Mutual Fund Mumbai compare with the average salary range for this job?

The average salary of a Senior Manager at IDFC Mutual Fund is 46% less than the average salary of a Senior Manager in Mumbai. To know exact salary insights, login to view.

Which similar companies are paying more than IDFC Mutual Fund to a Senior Manager in Mumbai?

Ocwen Financial Solutions Senior Manager Salary - ₹27.0 Lakhs to ₹40.0 Lakhs per year
Franklin Templeton Investments Senior Manager Salary - ₹20.0 Lakhs to ₹40.0 Lakhs per year
National Stock Exchange of India Senior Manager Salary - ₹17.0 Lakhs to ₹39.0 Lakhs per year
Pine Labs Senior Manager Salary - ₹11.3 Lakhs to ₹35.0 Lakhs per year
DSP Mutual Fund Senior Manager Salary - ₹22.0 Lakhs to ₹32.0 Lakhs per year

What is the salary of a Senior Manager in companies similar to IDFC Mutual Fund in Mumbai?

Morningstar Senior Manager Salary - ₹18.0 Lakhs to ₹38.0 Lakhs per year
Axis Mutual Fund Senior Manager Salary - ₹11.8 Lakhs to ₹25.0 Lakhs per year
ICICI Prudential Mutual Fund Senior Manager Salary - ₹12.0 Lakhs to ₹30.0 Lakhs per year
SBI Mutual Fund Senior Manager Salary - ₹8.5 Lakhs to ₹27.0 Lakhs per year
SBI Cards & Payment Services Senior Manager Salary - ₹12.0 Lakhs to ₹22.0 Lakhs per year

What is the estimated take home salary of a Senior Manager at IDFC Mutual Fund in Mumbai?

The estimated take-home salary of a Senior Manager at IDFC Mutual Fund ranges between ₹82,622 per month to ₹84,779 per month in Mumbai. The take-home salary calculation is based on the average IDFC Mutual Fund Senior Manager salary in India which ranges between ₹6.8 Lakhs to ₹18.0 Lakhs per year for employees with experience between 5 years to 13 years. Check how did we calculate take home salary?

What is the notice period for Senior Manager at IDFC Mutual Fund in Mumbai?

According to AmbitionBox, 67% of the IDFC Mutual Fund Senior Managers in Mumbai reported a notice period of 3 Months, 33% reported a notice period of 15 days or less.This is based on 3 responses on AmbitionBox in last 2 years.

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IDFC Mutual Fund Senior Manager Salaries in Mumbai

IDFC Mutual Fund Senior Manager salary in Mumbai ranges between ₹6.8 Lakhs to ₹18 Lakhs with an average annual salary of ₹. Salary estimates are based on 9 IDFC Mutual Fund latest salaries received from various employees of IDFC Mutual Fund.